Brazilian Nubank reached 79.1 million customers in Latin America by early April. That is up almost 20 million compared to a year ago.
To deliver top-notch service, companies must understand their network operations, identifying problems before they escalate into outages.
Increased challenges have buffeted an already unstable SME lanscape - Is B2B BNPL a saving grace or could it ultimately worsen conditions?
On Monday, Finastra and Jifiti announced a point of sale Buy Now Pay Later (BNPL) embedded finance partnership for financial institutions.
Instant payment system Pix has overtaken credit and debit cards as the most used means of payment in Brazil.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
For incumbents, changing existing financial infrastructure systems is like taking the engine out of the plane in mid-air.
Financial institutions are grappling with increasing cybersecurity threats due to heightened cloud adoption and technological sophistication. To combat these challenges, financial institutions must take proactive measures to protect themselves. Red Hat’s Dr. Richard Harmon provides insight on three key measures that can mitigate risk: collaboration, automation and standardization.
Many of these firms have aimed to go public in the vague "end of 2021/ early 2022/ when we have enough money" time frame while participating in increasingly rare-letter funding rounds.